SAUERBREY: Taxing Marylanders until they flee
Squeezing high earners to fill state coffers has opposite
effect
By Ellen Sauerbrey and Dee Hodges Friday, March 7, 2014
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Maryland, one of the bluest of blue states, is the poster
child demonstrating that taxing the rich fails to balance the state budget.
Yet Democrats, who have complete monopoly control on all
branches of state government, continue to think that doing the same thing over
and over will lead to a different result.
Because of its proximity to Washington, D.C., Maryland is
one of the wealthiest states in America. Still, it is plagued by fiscal woes.
In a vain attempt to eliminate Maryland’s structural deficit, the
administration of Gov. Martin O'Malley and Lt. Gov. Anthony Brown has raised
taxes, tolls and fees more than 80 times since 2007, while increasing overall
government spending by $9.6 billion, or 32 percent, over the same period.
This oppressive tax-and-spend climate is hurting Maryland’s
families and forcing many of them to leave the state.
Wealthy and middle-class citizens have been fleeing
Maryland, thus denying the state the ability to tax any of their income. Small
businesses are moving their jobs to friendlier states.
Between 2000 and 2010, 66,000 people left the state, taking
$5.5 billion with them. Maryland has also lost at least 6,500 small businesses.
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